But the basic principle that weโre going to have to see some of this debt written down, that the government is going to have to support some banks, that others that are not viable, essentially that weโre going to have to do something with those assets.
Barack ObamaThat's the true genius of America: that America can change. Our union can be perfected. What we've already achieved gives us hope for what we can and must achieve tomorrow.
Barack ObamaAmerica must always lead on the world stage. If we don't, no one else will. The military that you have joined is, and always will be, the backbone of that leadership. But U.S. military action cannot be the only - or even primary - component of our leadership in every instance. Just because we have the best hammer does not mean that every problem is a nail.
Barack ObamaI didn't have a perfect model, but I wanted to try to blend my own personal reflections and experiences with this broader canvas to see how a lot of the narratives we have about economy and foreign policy got stuck. Because we have these categories of liberal, conservative, free marketer, open government - all these stereotypes about our politics and the categories we try to put things in are inadequate to this sort of complex, ambiguous, sometimes contradictory experience we have as ordinary people and that I have as an elected official.
Barack ObamaI think when you're governing, it will become increasingly apparent that if you were to just eliminate trade deals with Mexico, for example, well, you've got a global supply chain. The parts that are allowing auto plants that were about to shut down to now employ double shifts is because they're bringing in some of those parts to assemble out of Mexico. And so it's not as simple as it might have seemed.
Barack Obama